Independent, Fee-Only Financial Planning in Columbia, MD

About the Practice

Patuxent Financial Partners (PFP) is an independent, fee-only financial planning and investment advisory practice in Columbia, Maryland. We organized in 2010, and registered as an Investment Adviser with the State of Maryland in 2017.

Financial planning and investment management concepts are often muddied by unnecessary complexity, usually in an effort to sell you something. It doesn’t need to be this way.

Learn More About Partnering with Us

Comprehensive Financial Planning

For comprehensive financial planning, I charge a flat annual fee that is billed monthly, based on client complexity. For most new planning engagements, that fee is $3,600 to $5,400.

$1,200 - 9,600/year($100 - $800/mo)

Investment Advisory Services

For investment advisory services, I charge an advisory fee based on the market value of the assets under management, that fee is calculated as follows:

Household Account Value

Annual Advisory Fee

$0 - $500,000

1.00%

$500,000.01 and Above

0.50%

For client households with greater than $250,000 in assets under management, I may discount or waive separate fees for comprehensive or fixed-fee financial planning services. Please see my Form ADV Part 2 for details on how these fees are calculated/billed.

I also offer single-project or hourly planning on a case by case basis.

FAQs

I believe that you should have access to financial advice from a fiduciary, regardless of the assets you have to invest (or whether you want or need investment management services in the first place). And you shouldn't need to worry whether that advice is clouded by a salesperson's commission.

The vast majority of investors should build diversified portfolios using low-cost, passively managed mutual funds or ETFs. It doesn’t need to be complicated. I believe that technology has made investment management easier than ever and aids in building and managing a well-diversified, global portfolio, even for the DIY investor.

I believe that prudent long-term investing has much more to do with the management of human behavior than with the management of funds. Just like trying to maintain a healthy diet and exercising regularly, it’s difficult. Our brains are primed to value the short-term reward. Behavioral economists refer to this bias as hyperbolic discounting. We’re naturally inclined to value the new, expensive purchase today, more than we value the financial security of having saved those dollars for retirement.

Meet Matthew D. Porter

Owner/CCO

I began my career in the financial services industry in 2003 as an analyst with the due diligence law firm Snyder Kearney, LLC in Columbia, Maryland, where I reviewed public and private securities offerings and evaluated national securities sponsoring companies, focusing on real estate investments and nontraditional investment products. It was there that I realized that I wanted to know more about the practice of law and a lot more about the pretty co-worker in the cubicle next to me, Sylvie.

I earned my law degree in 2007 from the University of Baltimore School of Law and married Sylvie in 2008, further proof that education and personal relationships are the investments that produce the best returns. After law school, I practiced with the firm David Albert & Associates, LLC in Bethesda, Maryland, focusing in estate planning and administration, guardianship administration, taxation of estates and trusts and business formations. There, I recognized that helping clients through complicated and often stressful issues was intellectually stimulating and emotionally fulfilling.

In 2010, I opened Patuxent Financial Partners, LLC, registered as an Investment Adviser with the State of Maryland in 2017. I leverage my legal background to provide clients with value-added insight in the overlapping areas of estate and financial planning. More importantly, as a personal financial planner and small business owner, I can build lasting relationships with clients and their families; these connections make my work fulfilling, because client success becomes intertwined with my own. I am a CERTIFIED FINANCIAL PLANNER™ practitioner and hold the FINRA Series 65 securities registration. I am also a member of the XY Planning Network.

Raised in Columbia, Maryland, I graduated from McDaniel College with a bachelor's degree in English. When I sneak out of the office and escape from my phone, I enjoy fly fishing, reading, and hiking with my wife and our mutt hound, Kodi. Since the birth of our son in 2013, Sylvie and I now spend most of our free time napping or daydreaming about napping.

Let's Get Started

Contact

Choosing the right financial planner or investment adviser is a personal and multifaceted decision. As such, my initial consultation is provided free of charge. Current and potential clients can use my scheduling system to book in-person or virtual meetings.

LOCATION

PHONe

FAX

Patuxent Financial Partners (PFP) is a Registered Investment Adviser in the State of Maryland. PFP may only transact business in Maryland, or where it qualifies for an exemption from registration requirements. Our current disclosure brochure is Form ADV Part 2

PRIVACY POLICY

Patuxent Financial Partners, LLC is committed to respecting and protecting your privacy. Any personal information that you provide will only be used to fulfill your specific requests and will not be given, traded or sold to third parties. A full copy of our Privacy Notice is available here.

LINK DISCLOSURE

Any linked sites are provided as a courtesy. Patuxent Financial Partners, LLC does not guarantee, approve or endorse the information or products available at these sites.